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MCQ
Corporate & Other Laws
answered on 07-Apr-22 11:12
MCQ 3RD question, Answer C or D
latest answer
Yes
I aM DeV
CA Inter
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3
486
Is calculation done is wrong
Corporate & Other Laws
answered on 10-Apr-22 14:03
Answe is d
latest answer
There seems to be some error in the options. According to Section 181, the calculation of 5% of the average net profit of preceding 3 financial years comes to Rs. 2,00,000. There's a possibility of errors at times in the material.
Gopika Bansal
CA Final
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1
437
Claiming ITC on inward supplies which is RCM based
Indirect Taxation
answered on 07-Apr-22 08:56
I recently encountered a question which is of 8 [compulsory qs] marks. My question is that, if you are availing legal services for a business that is inward supply, we generally pay GST through an electronic cash ledger right? But my main doubt and confusion are that should we add that GST value of RCM supplies while computing ITC Available???
latest answer
Yes
AAYUSH GUPTA
CA Final
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1
494
Material costing
Costing
answered on 06-Apr-22 23:59
Normally Re order point formula is= safety stock+ lead time consumption In one question I found that re order point or re order level Is re order point and re order level is equal
latest answer
Hooo Okay cool Thank you
Mr M
CA Final
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5
445
How the total comes to 1200 and 1000 in first column
Costing
answered on 06-Apr-22 23:03
How the total comes to 1200 and 1000 in first column
latest answer
In question only they mentioned know
Anoop P K
CA Final
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2
460
What is EBITA Breakeven point
Accountancy
answered on 07-Apr-22 14:56
Explain
latest answer
There is nothing called after charging EBITDA EBITDA breakeven is EBITDA = 0 When you charge dep and amortisation, EBIT becomes negative
Dhakshana Dhakshana
CFA L2
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4
5K+
Buy back share
Accountancy
answered on 07-Apr-22 15:11
Buyback Doubt . if anyone know please help me . For calculating maximum number of shares that can be bought back in buy back chapter test 1. shares outstanding test= no.of shares outstanding*25% doubt (here no.of shares means total no of equity shares outstanding or total no.of shares outstanding) test 2 . Resource test : maximum fund available for buyback = 25%( paid up capital+ free reserve+ securities premium ) doubt( here paid up capital means total paid up capital or only equity paid up capital) Test 3:- while calculating equity to be maintained ( paid up capital+ free reserves + securities premium) When calculating paid up capital Should we consider preference share capital
latest answer
Test 3 - Here it is total paid up capital and not just equity paid up capital. the ratio of the aggregate of secured and unsecured debts owed by the company after buy-back is not more than twice the paid-up capital and its free reserves:
Aakash Raavi
CMA Inter
★ 320
2
450
Q8, page 10.23
Accountancy
answered on 07-Apr-22 15:04
In the given question if they have mentioned about down trend then why they didn't apply 10% of down trend anywhere ....like in adjusted annual turnover
latest answer
When you have already computed the sales for the 12 months up to the date of fire, there is no need to apply trend again
Gauri Shete
CA Final
★ 5K+
1
335
As 2 valuation of R/M
Accountancy
answered on 06-Apr-22 17:45
If there is a decline in r/m prices and finished goods are expected to be sold below cost ,then r/m are valued at => lower of NRV or REPLACEMENT COST , or REPLACEMENT COST. Which one is correct please clarify me sir
latest answer
Its not an error
SUMANTH MANNAVA
CA Inter
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5
370
Audit Pronouncements
Auditing
answered on 07-Apr-22 10:22
Is learning audit modules sufficient for scoring good marks or pronouncements should also be read. How important are audit pronouncements?
latest answer
Thank you sir
Navya Nandini Devi Darsi
CA Inter
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2
438